201 Tree Farm DrBasalt, CO 81621

Property Details for 201 Tree Farm Dr

Lot size

0.59 AC

Property type

Commercial real estate

Description

This exceptional 0.59-acre parcel in Basalt, Colorado, presents a unique opportunity to develop a stunning mixed-use property. Located in the Tree Farm PUD, the property (Lots A1-A4) boasts approved development rights and ready-to-build plans for a sophisticated development. The design encompasses 13,277 square feet of ground-floor retail space, envisioned as 5-7 individual units, perfect for restaurants and shops. These commercial spaces feature expansive decks overlooking picturesque Kodiak Lake. Above the retail level, plans include 14 luxurious condominiums spread across the second and third floors, each offering breathtaking lakefront and mountain views. Ample parking is ensured with a 46-space garage including storage units, supplemented by 66 perimeter parking spaces. All necessary permits and plans are in place, streamlining the development process. This property offers significant income potential through the commercial spaces while simultaneously providing the opportunity to sell the 14 residential units individually. The listing includes comprehensive documentation and disclosures. Note that this parcel can be purchased individually for $7,000,000 or as part of a larger acquisition encompassing four parcels (B1, B2, B3, C1, and A1-A4) for a total price of $14,875,000. This is a rare chance to create a landmark development in the desirable mid-valley location.

Location Insight

City

Basalt

County

Eagle

State

Colorado

Latitude

39.3695

Longitude

-107.008

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].